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HELB To Disburse Money For Second Semester Of Academic Year

Higher Education Loans board (HELB) had been playing a major role in boosting students financially to accomplish their their higher education. Since education is the key to success.

The financial support is given as a loan that will be refunded back after the completion of their studies. The advantage part of this loan, is to be refunded back with low interest rates as compared with other loans and the repayment starts only when one has been employed.

Due to Covid-19, helb board has experienced a loophole financially that has devastated the economy. Despite of financial hitch, helb has tried the best to facilitate the allocation of funds to students to stimulate learning especially at this time most students are learning virtual in remote following the suspension of physical learning by the government.

In a statement pinned in their official twitter page, HELB has send a reminder to it’s beneficiaries to repay back their loan debts.Beneficiaries are urged to use M-PESA or bank Deposits in order to facilitate the transaction.Also they can use their bonga points for repayment of the loan.

Following the comrades concern, that some of them are ongoing with online classes, the board is responding to the post by disbursing of helb loan for the second semester of the academic year.

HELB has therefore confirmed to comrades that the disbursement of loan for batch number 3305 has already done and they should wait to reflect for their respective bank account within 72 hours.

Students now have a reason to smile offer this step, that the board has taken. Otherwise they will be able to clear their school fees for them to access the learning opportunity with a lot of easiness.

Content created and supplied by: Benonya (via Opera News )

Covid-19 HELB Higher Education Loans

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